Market news

Galileo Resources ‘pleased’ with outcome of drilling program in Zambia

Galileo Resources PLC on Thursday gave an upbeat update about its Shinganda licence in central western Zambia.

The mining company focused on Zambia, Zimbabwe, Botswana,...

Thu, 03/10/2024 - 14:31

EXTRA: Sterling drops as Bailey hints at ‘more aggressive’ rate cuts

Sterling fell on Thursday after the Bank of England Governor Andrew Bailey suggested the central bank could become ‘more activist’ in cutting interest rates.

In...

Thu, 03/10/2024 - 14:26

IN BRIEF: Dar Global appoints David Weinreb as new chair immediately

Dar Global PLC - London-based luxury real estate developer - Announces David Weinreb as chair to replace David Hunter, effective immediately. David Weinreb was co-founder...

Thu, 03/10/2024 - 13:41

UPDATE: British Land completes £300 million placing to fund purchase

British Land Co PLC on Thursday said it has completed a £301 million placing and subscription, which will be use toward the £441 million acquisition...

Thu, 03/10/2024 - 13:21

Galliford Try hikes dividend, launches share buyback as earnings jump

Galliford Try Holdings PLC on Thursday hiked its dividend by nearly 50% and announced a share buyback worth up to £10 million, as it reported...

Thu, 03/10/2024 - 13:04

RTW Biotech Opportunities announces launch of Kailera Therapeutics

RTW Biotech Opportunities Ltd on Thursday announced the launch of Kailera Therapeutics, a new investee company, with a series A financing round.

The investment fund...

Thu, 03/10/2024 - 12:59

Eni and Ithaca Energy complete combination of upstream UK operations

Eni Spa and Ithaca Energy PLC on Thursday completed the combination of substantially all of Eni’s upstream operations in the UK, with leading Eni figures...

Thu, 03/10/2024 - 12:13

UK to give up Chagos Islands sovereignty in agreement with Mauritius

Britain is giving up sovereignty of a remote group of islands in return for securing the long-term future of a strategically important military base.

The UK...

Thu, 03/10/2024 - 12:11

LONDON MARKET MIDDAY: Pound softens after BoE comments; Tesco shines

Dovish remarks from Bank of England Governor Andrew Bailey helped to boost the FTSE 100’s housebuilders on Thursday at midday, while grocers rose following a...

Thu, 03/10/2024 - 11:59

FW Thorpe increases dividend as profit comfortably rises

FW Thorpe PLC on Thursday announced annual profit growth and a higher dividend as its cost of sales fell sharper than revenue.

The Worcestershire-based lighting systems...

Thu, 03/10/2024 - 11:51

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